Elon Musk, founder and CEO of Tesla and SpaceX, recently expressed his criticism of fiat currencies by calling them an “scam” on Twitter. Musk has previously voiced his support for cryptocurrency, stating that “the true battle is between fiat & crypto” and that he “supports the latter.” His own social media platform X plans to […]
Ripple Labs, a blockchain payment company, is well-positioned to revolutionize the global financial system as more central banks prepare to roll out their respective Central Bank Digital Currency (CBDC). According to Ripple’s Vice President of Central Bank Engagement, James Wallis, CBDCs have a higher level of security than traditional money systems and are capable of […]
Bitcoin’s price is currently situated in a critical area, and its reaction in the next few days will likely determine the market’s direction in the coming weeks. The price has recently surpassed the $27,500 resistance level on the daily timeframe after breaking above the 50-day moving average around the $26K mark. However, the price has […]
Coinbase is a trusted crypto exchange regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe. Uniswap has been recording booming activities as daily active users increase, signifying a growing interest in the ecosystem. Despite the current market downturn, Uniswap has seen an incredible surge in daily active users […]
MKR, the native token of MakerDAO, has seen a significant 185% increase in its value year-to-date (YTD). This surge is attributed to the successful implementation of incentive schemes aimed at increasing the supply of Dai, such as the Dai Savings Rate and the allocation of US T-Bills by the DAO.The active addresses of MKR have […]
Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday, causing its shares to drop 1.0%. Dan Dolev, a Mizuho analyst, now expects the crypto exchange to report revenue about 7.0% below his previous forecast for the third quarter. He believes that dwindling volumes combined with an expected drought in retail trading will […]
The XRP price has seen a surge in the past 24 hours, with a 4.61% increase in value. This is due to a combination of the overall market strength and positive news surrounding the Ripple ecosystem. Ripple recently scored a win in court, as the SEC’s interlocutory appeal motion was dismissed by federal Judge Analisa […]
Litecoin (LTC) is enjoying a wave of bullish sentiment as the crypto community embraces Uptober. At the start of the month, the digital asset surged to reach $70, the first time since mid-August. This performance has mirrored that of Bitcoin (BTC), which initially surged to climb above $28,000. At the time of press, LTC is […]
Ripple, a prominent name in the crypto sector, has recently achieved another success in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). Judge Analisa Torres denied the SEC’s motion for certification of interlocutory appeal and dismissed their request for a stay. This means that the lawsuit will proceed without any further […]
Chase Bank, a subsidiary of JPMorgan Chase & Company, has partnered with the blockchain settlement system FCF Pay to allow customers to pay mortgages, credit cards, and loans in multiple cryptocurrencies. Supported coins include Ripple’s XRP, Shiba Inu (SHIB), Dogecoin (DOGE), Bitcoin (BTC), Ether (ETH), and more. HSBC has also recently enabled eligible customers to […]
